Satisfaction 95% • $0What would be the total cost ofSoftware M over time?$?]Not Satisfied$6,000Software X45% • $18,000Software M$12,000SatisfactionNot Satisfied95% • $05% • $2,000

The estimated cost for products is determined using probabilities by a firm where costs are assigned…

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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27:37 ok Exercise 11-44 (Algo) Estimated Net Realizable Value Method -- Solve for Unknowns (LO 11-3) Gunston Processing produces two products, ALT-1 and ALT-2, from a batch using a single raw material, ALT-O. Both products require further processing before they be can be sold. A batch of ALT-1 can be sold for $154,500 after processing costs of $48,000. A batch of ALT-2 can be sold for $241,800 after further processing. The cost of ALT-0 is $200,000 for a batch. Using the estimated net realizable value method, a joint cost of $120,000 was allocated to ALT-2 for a batch. Required: Compute the separable processing cost for a batch of ALT-2. Note: Do not round intermediate calculations. Processing cost Check
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The margin of safety in the Flaherty Company is $28,400. If the company's sales are $129,000 and its variable expenses are $80,000, what must its fixed expenses be? Question 19Answer a. $129,000 b. $28,400 c. $264,845 d. $38,208
Time left 0:58:4 If total Fixed cost OMR40000, variable cost per unit .5, total cost of 12000 units would be: O a. OMR 50000 O b. OMR64000 O c. None of the options on O d. OMR46000 s page Next page L C 74% 3. مشم. . F1 F2 F3 F4 F5 F6 F7 F8 F9 F10 %23 $4 & 3 4. 7 V R T Y A S DEF G YH iJ K . Z CV BYN iM この 17 41 と

1 Q6: 12345678 517336 10 11 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 G H Bobby's contracting creates individual pieces of interior design for clients. Each is different as they have different requirements and stylizing. Bobby is trying to sort out his pricing, and aims for a 35% margin on top of all costs. Manufacturing OH is allocated based on 20$ per DLHour and this rate is expected for the full financial period. 80 hours were spent on this job. There are no opening inventories, and the client is looking for a price quote. The boss told you not to worry about the opening or ending balances. Post the manufacturing entries in T-accounts provided for A) the end of year OH entry, B) movement of inventory, and C) revenue made in period of $500,000. Actual OH Work in Progress (WIP) $ 60,000 100,000 200,000 Finished Goods COGS $ 5,000 50,000 150,000 205,000 Budgeted OH Revenue 200,000 OH DM DL OH
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What would be the total cost of Software M over time? $(?] Not Satisfied $6,000 Software X 45% • $18,000 Satisfaction Not Satisfied 95% • $0 Software M $12,000 5% • $2,000 %24